China shares up in morning trade

0
11

0

 

The benchmark Shanghai Composite Index jumped 0.87 percent, or 18.51 points, to 2,145.12.

SHANGHAI (AFP) – Chinese stocks were higher in morning trade Monday on buying of heavyweight bank shares, driven by hopes for more reforms in the sector, dealers said.

The benchmark Shanghai Composite Index jumped 0.87 percent, or 18.51 points, to 2,145.12.

The Shenzhen Composite Index, which tracks stocks on China s second exchange, rose 0.63 percent, or 6.95 points, to 1,118.47.

China s banking regulator last week approved the setting up of three private banks in a long-awaited development.

2014-07-28

LEAVE A REPLY

Please enter your comment!
Please enter your name here